KinderCare Learning Companies (KLC) has shown a decline in its stock price recently, closing at $16.14 on March 13, 2025, with a volume of 403,473. The stock is currently trading near oversold levels based on the Relative Strength Index (RSI), which is at 26.84 for RSI_14. This indicates a potential buying opportunity as the stock may rebound from its current lows.
Recent news indicates that Goldman Sachs lowered its price target for KLC from $41 to $35 but maintained a Buy rating. Baird upgraded KLC to Outperform, citing the stock's attractive valuation after a significant decline. Morgan Stanley analyst Toni Kaplan also noted that the recent drop presents a buying opportunity, with a price target of $30.
The Fibonacci levels for KLC show support at $16.31 and resistance at $19.59. The stock is currently trading near the lower end of this range, suggesting potential support.
Based on the oversold condition indicated by the RSI and the positive analyst sentiment, KLC is expected to see a slight rebound next week. The stock is predicted to rise to $17.50. This presents a buying opportunity as the stock is undervalued at its current price.
Recommendation: Buy KLC with a target price of $17.50.
The price of KLC is predicted to go up 13.99%, based on the high correlation periods with VTLE. The similarity of these two price pattern on the periods is 95.6%.
KLC
VTLE
UBS
2025-01-24
Price Target
$32 → $28
Upside
+36.25%
Goldman Sachs
2024-12-27
Price Target
$41 → $35
Upside
+96.52%
Morgan Stanley
2024-11-25
Price Target
$30
Upside
+33.1%